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- MPFA strives for better investment outcomes for scheme members (12 September 2023)
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MPFA strives for better investment outcomes for scheme members (12 September 2023)
MPFA Executive Director (Policy) Mr Eric Cheng attended a retirement industry conference today (12 Sep), where he shared the latest developments of the MPF System and the eMPF Platform project, as well as efforts made by the MPFA to facilitate scheme members to obtain better investment outcomes.
Mr Cheng expressed that the MPFA has been proactive in introducing various reforms and measures to refine continually the MPF System and assist scheme members in growing their retirement savings, such as the implementation of the Employee Choice Arrangement, the Default Investment Strategy, and the development of the eMPF Platform project, etc. He added that in view of the needs of scheme members and market development, the MPFA has been actively reviewing and broadening the scope of MPF permissible investments and facilitating the industry to develop better investment products, with a view to assisting scheme members to achieve better investment outcomes.
